Boston University Establishes The Institute For Technology Entrepreneurship and Commercialization (ITEC)

(Boston) – Boston University School of Management announced the creation of the Institute for Technology Entrepreneurship and Commercialization (ITEC). The Institute offers a new model for entrepreneurial research, education and commercialization. ITEC is dedicated to the new entrepreneur interested in the technologies, products, and services that meet pressing global needs in healthcare, life sciences, alternative energy, and other sectors.

To address these needs around the world, ITEC leverages resources from the School of Management and other Schools and Colleges of Boston University, including the Medical School, School of Public Health, the Law School, the College of Arts and Sciences, and the College of Engineering, including biomedical engineering, photonics, and physics.

According to the Dean of Boston University School of Management, Louis Lataif, “ITEC extends Boston University’s strong tradition of entrepreneurship by fostering collaboration among the University’s faculty, students and alumni who have an interest in technology-driven new enterprises.”

ITEC provides entrepreneurial assistance to both undergraduate and graduate students through customized education and training programs offered at the School of Management. These programs help develop and apply new business models. Student intern experiences with local, national, and international for-profit and non-profit corporations further enhance the educational experience.

Explained ITEC’s Executive Director, Jonathan Rosen, “Our goal is to enable these new entrepreneurs to transform their business plans into sustainable enterprises. We are creating a unique channel for entrepreneurial sharing of both education and resources. ITEC is committed to enhancing entrepreneurial education and stimulating the development of viable new businesses dedicated to better serving communities around the world.”

“ITEC’s innovative use of resources from dozens of disciplines is the latest example of how the School of Management at Boston University is fusing the art, science, and technology of business,” said Dean Lataif.

ITEC is located in the School of Management, 595 Commonwealth Avenue, Boston, MA 02215. For more information, please visit www.bu.edu/itec/

Founded as the College of Business Administration in 1913, Boston University School of Management develops builders and leaders for the networked-era, emphasizing the fusion of the art, science, and technology of business. The School’s holistic approach prepares the next generation of business leaders for a world that values management as a system of interdependent functions, decisions, people, and technologies. It is the worldwide leader in offering a unique MS·MBA program, a rigorous dual degree and next-generation MBA fusing a traditional management education with expertise in the information technologies that are transforming all businesses. The School also offers a full range of graduate and undergraduate management degree programs and executive education. For more information, visit http://management.bu.edu/.